Page 16 - Softbank

Softbank's debt fears resurface following a $9.5 billion bailout for WeWork

While the price tag for SoftBank to rescue the debt-riddled US shared-office startup isn't seen as big relative to its total investment portfolio, concern is growing about the impact on its leverage

Japan's top tech consultancy TechnoPro to invest $10 mn in local EV ops

TechnoPro, which plans to hire 10,000 engineers in India over 3 years, will focus on clients building charging and battery swapping infrastructure, where it is a domain expert

SoftBank throws WeWork a $9.5 billion lifeline, picks up 80% stake

WeWork founder Adam Neumann will leave the company's board as part of the package, to be replaced by SoftBank executive and newly appointed Executive Chairman Marcelo Claure

SoftBank takes control of WeWork as part of bailout, Neumann to leave board

The deal would value WeWork's parent company at about $8 bn

SoftBank's $10-bn takeover of WeWork would lead to Chairman Neumann's exit

(Reuters) - SoftBank Group <9984.T> offered nearly $10 billion on Monday to WeWork and its shareholders under a takeover plan that would keep the U.S. office-space sharing start-up afloat and lead to the exit of its Chairman Adam Neumann, sources said.

Ola bets big on food biz, to launch portfolio of in-house food brands

Ola's food business will focus on becoming a food-first company with a massive kitchen infrastructure and a slew of brands

SoftBank's rescue financing plan may put WeWork's valuation below $8 bn

Uncertainty around WeWork's future has whipsawed its bonds in recent weeks

Self-drive car sharing service 'Ola Drive' launched: All you should know

SoftBank-backed Ola intends to host a fleet of 20,000 cars by 2020

SoftBank Group in talks for $5-billion rescue financing for WeWork

The funds will come directly from SoftBank, rather than its Vision Fund, according to a person familiar with the matter

SoftBank Group, Ant Financial likely to invest $2 billion in Paytm

Paytm has in a decade become India's biggest digital-payments brand

SoftBank's damage from Uber, WeWork likely to exceed $5 billion

Recent troubles have weighed on SoftBank's shares, pushing them down about 30% from their peak earlier this year as investors grow skittish about startup valuations

WeWork in talks with SoftBank to raise $1 billion for major restructuring

(Reuters) - WeWork is locked in negotiations this week with its largest shareholder, Softbank Group Corp <9984.T>, over a new $1 billion (812.61 million pounds) investment to enable the shared office space company to go through a major restructuring, according to sources familiar with discussions.

Oyo raises $1.5 billion at $10 billion valuation; to focus on US market

A significant part of the Series-F funding will be diverted in boosting US footprint, and in strengthening position in the vacation rentals business in Europe

SoftBank CEO Masayoshi Son says 'embarrassed and flustered' by track record

Japanese investor Masayoshi Son reacts after his company comes under pressure from some investors for its bets on loss-making businesses.

Softbank-backed Oyo raises $1.5 bn at $10 bn valuation for market expansion

Agarwal, who founded Oyo in 2013, has built it into India's second-most valuable startup with a valuation of about $10 billion

SoftBank Vision Fund looks to acquire 3.28% more stake in Delhivery

In February, CCI had approved SVFD's subscription to compulsorily convertible preference shares amounting to 22.44% of the total shareholding of Delhivery

Softbank bets on former Sprint boss Marcelo Claure to fix WeWork

Masayoshi Son, the head of SoftBank, has asked the former CEO of Sprint to take a more hands-on role helping oversee a cleanup of the office-rental company from his position at SoftBank

WeWork set to undergo a seismic shift with Neumann family's ouster

WeWork long had the image of a family business: a husband-and-wife pair at the helm and company slogans about how life is "better together."

Room for more: Oyo to raise another $1 bn as it adds stars to its hotels

The plan is to take up luxury properties in India and abroad

WeWork considers dramatic discount to the $47 billion IPO valuation

The We Company is under pressure to proceed with the IPO, despite the big valuation drop, to secure funding for its operations